Construction of a Wind farm in the Livno region has been agreed today, during the ninth Sarajevo Business Forum. This great investment project will be located near the Croatian border. The cooperation memorandum has been signed by the CEO of Enprode company from Turkey Yuksel Guler and the Bosnian Imres Smart company representative Pero Vrduljak.

“The first phase of the project will be the construction of a 100 MW wind farm, after which the second phase will follow, consisting of a 100 MW hydropower plant. Since these are renewable energy projects, they will certainly contribute to solving the uncertainty of liberal energy prices,” said Yuksel Guler CEO of the Enprode company.

“With this project, we will connect the Bosnian energy system. The project’s strategic mission is to integrate Bosnia into the European Union’s interconnection system and to offer services to great energy players in the EU market.”

The signing ceremony between the two companies was attended by the Chairman of the Bosnian Council of Ministers Denis Zvizdic, Deputy Turkish Prime Minister Mehmet Simsek and the Turkish Ambassador to Bosnia Haldun Koc.

The ninth Sarajevo International Business Forum (SBF), which hosts a large number of officials and business people from the region and the world, commenced today in Sarajevo, giving them an opportunity to get acquainted with the business and investment opportunities in Bosnia and Herzegovina and the countries of the region.

The focus of this year’s Forum is the joint solution to the use of potentials in the field of energy, education, IT, agriculture and tourism. The aim of the Forum is to link and present all the natural and human resources of the region and to open the foreign markets to Bosnian and regional companies.

The motto of this year’s forum is “One Region, One Economy.”